India azithromycin market is expected to grow at a steady rate during the forecast period. The India azithromycin market is driven by the supportive government policies and schemes that are promoting the manufacturing and development of drugs, intermediates and active pharmaceutical ingredients in the country. This will not only improve the status of local manufacturers but also help India in becoming self-sufficient. Additionally, the widespread use of the drug in various conditions such as middle ear infections, sexually transmitted infections, pneumonia, Lyme disease, skin disorders and a range of respiratory infections & diseases is further expected to boost the demand through FY2026.
The India azithromycin market is segmented based on source, form, route of administration, distribution channel, application, end user, company and region. Based on distribution channel, the market can be split into online and offline. The offline channel is expected to dominate the market owing to the consumer preference for buying medicines from a pharmacy or drug store. The online segment is also expected to register significant growth over the next few years. This can be ascribed to the emergence of several online pharmacies and doorstep drug delivery e-commerce platforms in the country.
The major players operating in the India azithromycin market are Pfizer Limited, Lupin Limited, Aurobindo Pharma Limited, Alembic Pharmaceuticals, Jubilant Life Sciences Limited, Sandoz Private Limited, Century Pharmaceuticals Limited, Infinity Laboratories Pvt. Ltd., Anuh Pharma Ltd., Farmachem Life Pvt Ltd., Envee Drugs Pvt. Ltd. and others. Major companies are developing advanced technologies, receiving approvals from regulatory bodies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments. For instance, recently in February 2020, Aurobindo Pharma Limited received FDA approval for manufacturing azithromycin for dosage strength 250mg and 500mg.
Years considered for this report
Historical YearsFY2016-FY2019
Base YearFY2020
Estimated YearFY2021
Forecast PeriodFY2022–FY2026
Objective of the Study
- To analyze and estimate the market size of India azithromycin market from FY2016 to FY2019.
- To estimate and forecast the market size of India azithromycin market from FY2020 to FY2026 and growth rate until FY2026.
- To classify and forecast India azithromycin market based on source, form, route of administration, distribution channel, application, end user, company and regional distribution.
- To identify dominant region or segment in the India azithromycin market.
- To identify drivers and challenges for India azithromycin market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in India azithromycin market.
- To identify and analyze the profile of leading players operating in India azithromycin market.
- To identify key sustainable strategies adopted by market players in India azithromycin market.
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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the globe.
TechSci Research calculated the market size of
Key Target Audience
- Azithromycin manufacturers/ suppliers/ distributors
- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to azithromycin
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
